
Cheap Apartments for Rent in the Deerfield Hills Neighborhood of Colorado Springs, CO from $500 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Deerfield Hills area of Colorado Springs.


1630 Shasta Dr

1501 Coolcrest Dr

Peak 1465

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Arbor Pointe Apartments

The Lofts @ Rock Vue

Sedona Ridge Apartments

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Peak View

1501 Coolcrest Dr

Alta Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Lincoln Springs

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Gardens at Hidden Creek Apartments

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Marmont Springs Apartments

Summit Creek Apartments

Aero Place Apartments

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Mountain Ridge

3480 Cochran Dr

Fountain Springs

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Cottages at Torin Point

4340 Ericson Dr, Unit 3
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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4311 Ericson Dr, Unit 3

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Antero

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Cottages at South Murray

Panorama Heights

WHITNEY YOUNG MANOR

3341 E Fountain Blvd, Unit 309

1135 Valley Manor Ct

361-363-363 Fairway S

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1210 Firefly Cir

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4205 Loomis Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Lofts @ 1567

4319 Lashelle Ave

4303 Ericson Dr

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Cottages at Aero Park

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Westmeadow Peaks

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Academy Heights Apartments

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The Vue at Spring Creek

The Townhouse Apartment Homes

Westwind Apartments

Riverbend Apartments - Offboarding
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Park View Apartments

The Flats at Fountain

Park Plaza

Fountain Garden Apartments-Senior Living

1128 Mazatlan Cir

1238 Firefly Cir

4537 Lamplighter Cir

4349 Hunting Meadows Cir

2562 Astrozon Circle

Village at Westmeadow
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Deerfield Hills, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Deerfield Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deerfield Hills Studio Apartments | $938 | $760 | $2,070 |
| Deerfield Hills 1 Bedroom Apartments | $1,231 | $799 | $2,430 |
| Deerfield Hills 2 Bedroom Apartments | $1,508 | $588 | $3,895 |
| Deerfield Hills 3 Bedroom Apartments | $1,924 | $1,385 | $3,230 |
| Deerfield Hills 4 Bedroom Apartments | $2,625 | $2,625 | $2,625 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Deerfield Hills Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
Deerfield Hills, Colorado Springs, CO Local Guide
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Cheapest Available Deerfield Hills Apartments for Rent
 The cheapest available apartment rental in the Deerfield Hills area of Colorado Springs, CO is a 2 Beds unit found at Bentley Commons priced from $588. Peak 1465 has the second lowest priced unit, which is a Studio apartment currently listed from $760. Here are the most affordable Deerfield Hills apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bentley Commons | One Bedroom | 2BR,1BA | $588 |
| Peak 1465 | 0/1 | Studio,1BA | $760 |
| Arbor Pointe Apartments | One Bedroom | 1BR,1BA | $799 |
| Alta Apartments | The Peak | Studio,1BA | $815 |
| Peak View | 1 Bedroom | 1BR,1BA | $818 |
| Lincoln Springs | A1 | 1BR,1BA | $849 |
| Gardens at Hidden Creek Apartments | 1/1.00 | 1BR,1BA | $850 |
| Marmont Springs Apartments | Garden | 1BR,1BA | $874 |
| Summit Creek Apartments | Studio Apartment | Studio,1BA | $899 |
| Sedona Ridge Apartments | 0BD, 1BTH B | Studio,1BA | $899 |
Best Value Apartments for Rent in Deerfield Hills, CO
As of June 16, 2026 the best value apartment in the Deerfield Hills area is the $1.39 price per square foot 3-Bed Model at Verde Commons Apartments in the in the Deerfield Hills neighborhood starting from $2,156. The second greatest value Deerfield Hills apartment is the 3 Bedroom A Model at Panorama Heights starting at $1,744 with a $1.52 price per square foot in the Deerfield Hills neighborhood. Here is today’s list of the best values for Deerfield Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Verde Commons Apartments | 3-Bed | 3BR,2.5BA | $1.39 |
| Panorama Heights | 3 Bedroom A | 3BR,2BA | $1.52 |
| Fountain Springs | Three Bedroom | 3BR,2BA | $1.40 |
| Colony Hills Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.40 |
| 4205 Loomis Ave | 4205 Loomis Ave | 2BR,1BA | $1.37 |
| Peak View | 2 Bedroom | 2BR,1BA | $1.35 |
| 4311 Ericson Dr, Unit 3 | 4311 Ericson Dr | 2BR,1BA | $1.46 |
| Marmont Springs Apartments | Canopy | 1BR,1BA | $1.56 |
| Lincoln Springs | A1 | 1BR,1BA | $1.37 |
| Gardens at Hidden Creek Apartments | Studio B | Studio ,1BA | $1.55 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDeerfield Hills, Colorado Springs, CO
Ranked #17
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Deerfield Hills, Colorado Springs, CO
School data provided by Great Schools
Lifestyle Ratings
This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Colorado and customized analysis for Central Colorado Springs, CO. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Deerfield Hills Apartments
What is a cheap apartment in Deerfield Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Deerfield Hills is under $899.
What is the price of a cheap apartment in Deerfield Hills?
The cheapest apartment in Deerfield Hills is Arbor Pointe Apartments which is listed at $799, while the average apartment in Deerfield Hills costs $2,625.
What types of apartments are the cheapest in Deerfield Hills?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 52 regular apartments in Deerfield Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Deerfield Hills?
Cheap apartments in Deerfield Hills have an average cost of $397 which is $2,228 cheaper than the average rent for all rentals in Deerfield Hills.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO
Written by: Darla Ferrara
Just the name Colorado Springs makes me think of home. I’m Darla, your ApartmentHomeLiving.com Local Expert for Colorado Springs, CO.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.